The 2026 Pro Farmer Crop Tour began amid record rainfall and flooding in the eastern Corn Belt. The Crop Condition Index fell 2.67 points for corn to 355.72 and 1.89 points for soybeans.
November soybeans rose 20 cents to $12.12 1/2, and December corn gained 6 1/4 cents to $4.89 1/2.
Excess rain and flooding threaten yield potential and crop quality, and falling condition ratings reinforce supply concerns. Scout findings on the western leg, including poor South Dakota pollination, support higher corn and soybean prices.
After 1,079 past bullish weather events, Soybeans moved a median +0.3% over 5 sessions (54% higher; middle half -1.4% to +2.0%), and +0.9% over 20.
After 1,465 past bullish weather events, Corn moved a median +0.2% over 5 sessions (54% higher; middle half -1.4% to +1.9%), and +0.9% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.